SIMUGOLF AS

6884 ØVRE ÅRDAL

Finances

Share Ownership

Return on Equity

21,85 %

Current Ratio

5,09

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020
Revenue	207 000	247 000	22 000
Net Income	52 000	92 000	−6 000
Total Assets	274 000	246 000	388 000
Total Equity	238 000	186 000	94 000

Income (NOK)	2022	2021	2020
Revenue	207 000	247 000	22 000
Expenditure	139 000	122 000	25 000
Operating Profit	68 000	125 000	−2 000
Financial Income	0	0	0
Financial Costs	1 000	8 000	4 000
Financial Balance	−1 000	−8 000	−4 000
Earnings Before Tax	66 000	116 000	−6 000
Tax	15 000	24 000	0
Net Income	52 000	92 000	−6 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	157 000	212 000	272 000
Total Current Assets	117 000	35 000	116 000
Total Assets	274 000	246 000	388 000
Total Retained Equity	138 000	86 000	−6 000
Total Equity	238 000	186 000	94 000
Total Long-Term Debt	13 000	56 000	200 000
Total Current Debt	23 000	4 000	94 000
Total Equity and Debt	274 000	246 000	388 000

Cash flow (NOK)	2022	2021	2020
Sales Income	207 000	247 000	22 000
Other Income	0	0	0
Revenue	207 000	247 000	22 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	54 000	55 000	6 000
Impairment	0	0	0
Expenditure	139 000	122 000	25 000
Operating Profit	68 000	125 000	−2 000
Financial Income	0	0	0
Financial Costs	1 000	8 000	4 000
Financial Balance	−1 000	−8 000	−4 000
Dividends	0	0	0
Net Income	52 000	92 000	−6 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	157 000	212 000	272 000
Total Tangible Assets	157 000	212 000	272 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	157 000	212 000	272 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	114 000	33 000	116 000
Total Current Assets	117 000	35 000	116 000
Total Assets	274 000	246 000	388 000
Total Equity	238 000	186 000	94 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	13 000	56 000	200 000
Creditors	2 000	0	93 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	1 000
Total Current Debt	23 000	4 000	94 000
Total Equity and Debt	274 000	246 000	388 000

Financial indicators	2022	2021	2020
Return on Equity	21,85 %	49,46 %	−6,38 %
Debt-to-Equity Ratio	0,05	0,3	2,13
Operating Profit Margin	32,85 %	50,61 %	−9,09 %
Current Ratio	5,09	8,75	1,23
Quick Ratio	5,09	8,75	1,23
Equity Ratio	0,87	0,76	0,24
Gross Profit Margin	100 %	100 %	100 %